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    Spydertrader's Jack Hershey Futures Trading Journal

    Ok, Let’s see we understand each other, like you said this is not rocket science :) For me, if YM doesn’t follow INDU, I don’t see it as a signal. I prefer to see the real moves from YM. So, I cheat a little on the relative indicator, I filter some “signals” which I think are...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Well, that's true if one believes that Cash can lead YM. I don't have that belief :)
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hi PointOne, For me, because I believe YM leads cash, any signal that is not originated from a move of YM I mark it as an invalid signal. So, if INDU goes down 5 pnts with YM not moving, I do not consider this a valid "Stretch". If you monitor real time, you see sometimes INDU making some...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hi, Using a MA to automatically track the offset of STR/SQU can be done and most of the times is very helpful. But for what I see sometimes it has some disadvantages too. During periods of high volatility using a MA can cancel the signals being fired or even give wrong signals. One example is...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hi BM, I would drawn the lateral like in the attached chart. Note the "decrease volume". That channel turned out to be "wrong" (I had that channel too), I had to fan to create a new one (reused the previous pnt3). I didn't "legitimated" the RTL BO on the Doji, what I did was to wait...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hi Guava... I currently don't have any videos (my camstasia trial ended). But just to know I understand you correctly what you're asking is a video to see the S/S work with the OTR chart when a 2-pair situation occurs, right? I really don't have any videos now, but remember: Most of the...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hi Guava, Nice to 'see' you :) What I wanted to say is that the market only 'comunicates' with you by saying "Change" and/or "Continuation", this happens channel to channel, tape to tape, bar to bar, intrabar, intra-intrabar, etc :). The problem is that the market don't know which level...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hi Ivo, My 0.000000002 cents: :D First, you can not assume that ALL volume with less than 50% / 60% will be a flaw. That's just a 'rule of thumb' to put you in 'alert mode' for a possible flaw being formed at that moment. You can't rest until you are sure (which for me is only confirmed...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hi TIKI, Thanks for this great video. It was very nice to see the market through others eyes :) I too think this is one of the best ways to transfer knowledge. So, I hope this kind of videos can continue in the future. Allow me some suggestions of some small details that could help...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hi bundle, I understand very well what you are saying. During the learning phase of these methods, we find several moments of frustration and impatience, mainly because our expectations are higher than our current real understand to how to make money from this. Reading your post again...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hi dkm, In my opinion I think that's not quite true. I'm assuming that you are trading at 'Tree Level' because you are trying to trade between FTT of channels. You have already a channel (grey channel) formed and you anticipated (by the dataset you mentioned) an FTT, so you took the long...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hi Dkm, You're probably expecting Spyder to answer your question, and I hope he can answer it, because I'm not completely sure of what I'm tell you. I do not understand nor I have studied yet "tic charts" or "2-pair formations". But, as I read your post and looked to your chart, my first...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Very very nice :)
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hi dkm, Imagine for one moment that you are an Super-Hyper-Expert Trader :) How did you trade that period (from 15:05) ? My opinion: 1. At the beginner of the 15:10 bar I reversed my long trade to short because ES touched the LTL and PRV is saying decr black vol (also YM had a VE and...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hi Jander, Thank you for your comments and you’re right, 1st gear is the orange channel and I mistakenly use ‘transverse’ instead of ‘trasverse’. Still, I hope you all fully understood what I meant :) I agree with you that one must only monitor as it’s the best thing to do...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Interesting discussion going on here. Let me first resume some details about some aha moments that I have had in the past as a way to share (I think) some knowledge and encouraging (I hope) at the same time others to do the same. What I will try to tell here, for some it will be just plain...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Today's Chart Regards,
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hi Bundle, Thank you for your answer. Yes, you're right. Although, this was developed having in mind how one will answer the 81 answers for every bar of the trading day :) I tried to put in this matrix what I usually say in each bar for 'Continuation' and 'Change'. For instance, Friday, I...
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